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Article: The prince and the pauper.(Ford Motor Co Pres and CEO Jacques Nasser and Chmn Billy Clay Ford Jr)(Brief Article)
- Article from:
- The Economist (US)
- Article date:
- September 19, 1998
CopyrightCOPYRIGHT 1998 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ford's new leadership is a promising, but risky, combination of dynasty and dynamism
TAKE Billy Clay Ford Jr, Ivy-League-educated heir to one of America's most powerful business families, and Jacques "Jac" Nasser, son of a Lebanese working man who emigrated to Australia. This is the odd couple that is to run Ford Motor Company, now the present chairman, Alex Trotman (a one-time butcher's boy from Edinburgh), has announced his retirement. The hard-charging Mr Nasser, who turns 51 in December, will serve as president and chief executive of the world's second-largest car maker. Mr Ford, ten years younger, will be chairman. "I will lead the board: Jac will lead the ...